SEC vs Coinbase Case Set for July 13 After Exchange’s ‘Creative’ Opening Response
The Securities and Exchange Commission (SEC) will present its response to Coinbase’s first legal defense, filed Thursday, on July 13, the court has ordered.Source
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First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil
ALSO: Bitcoin holds steady near $30.4K – unstirred by Fidelity’s filing for a spot bitcoin ETF and unexpectedly strong U.S. jobs and productivity data.Source
U.S. Investors Are Driving Bitcoin’s Price Surge as Institutional Demand Rises
BTC price gains and trading activity have mostly concentrated during U.S. market hours, according to K33 Research.Source
6 Factors Advisors Should Consider Before Using an SMA for Digital Assets
Separately Managed Accounts (SMAs) are a good way for FAs to manage digital assets, but advisors should fully understand the trade-offs.Source
Coinbase’s Base Prepares for Mainnet Launch With Slew of Security Audits
The layer 2 blockchain pioneered by Nasdaq-listed crypto exchange Coinbase has detailed the security testing taken ahead of its public launch later this year.Source
CME Group Announces Plans to Launch ETH to BTC Ratio Futures
Derivatives exchange CME Group plans to launch ether/bitcoin (ETH/BTC) ratio futures on July 31, if approved by regulators, the company announced Thursday.Source
Fidelity Refiles For Spot Bitcoin ETF
Asset manager Fidelity filed paperwork TK WHEN with the Securities and Exchange Commission (SEC) for a spot bitcoin exchange-traded fund (ETF) which will be traded under the name TK.Source
Canadian ETF Issuer 3iQ to Work With Coinbase to Offer ETH Staking in Its Funds
Toronto-based digital asset manager 3iQ will start offering ether (ETH) staking in its Ether Fund and Ether ETF, making it the first ETF issuer in North America to allow for this investment strategy, the company announced Wednesday. The feature will be available on or about Aug. 28.Source
Stablecoin Wallet Rpay Secures License from OFAC to Continue Operating in Venezuela
The approval does not absolve Rpay of its compliance duties, but does eliminate the growing compliance risk, the company said.Source
Polygon 2.0 Roadmap Calls for ‘Unified Liquidity,’ Restaking, New Chains on Demand
The new Ethereum scaling solution’s architecture will include a shared bridge and a “coordination layer” that connects all of Polygon’s chains, including an emphasis on zero-knowledge technology that has become one of this year’s hottest blockchain trends.Source